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The cryptocurrency market’s focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.  Initially, this news gave the market hope, which caused Bitcoin and other…

(Bloomberg) — Tropicana Brands Group, facing a liquidity crunch as juice sales lag, is considering competing offers for a cash injection from new lenders and holders of its existing debt, according to people with knowledge of the situation. Most Read from Bloomberg A loan offer from TPG Angelo Gordon is on the table, said the…

XRP, the third largest cryptocurrency by market capitalization, has seen its open interest (OI) skyrocket to $4 billion in the last 24 hours. This increase in OI indicates increased market activity, as XRP experiences a big price gain following the announcement of its inclusion in a crypto strategic reserve. Open interest is the total number…

Peak coal could be considered akin to that of mythical folklore – a narrative widely told but never experienced in reality. Indeed, 2024 was yet another record breaker in terms of demand and production of the black slag, the former reaching a new high of 8.77 billion tonnes (bt), according to the International Energy Agency…

Prominent financial commentator Peter Schiff has joined the choir of skeptics criticizing the idea of establishing a multi-token cryptocurrency reserve, specifically taking aim at the Ripple-affiliated XRP token.  Schiff has acknowledged that he gets the rationale behind a Bitcoin reserve since the largest cryptocurrency is usually treated as a digital version of gold. However, he is…

(Bloomberg) — The euro gained in early trading with Eastern European currencies as the region’s leaders scrambled to offer Ukraine their support amid concerns of a US pullback. Most Read from Bloomberg The common currency rose 0.4% against the dollar, outperforming major peers. The Polish zloty and Romanian leu also climbed. European equity futures pointed…

Former Strategy CEO Michael Saylor has commented on the recent cryptocurrency reserve announcement, stating that Bitcoin is the “foundation” of the cryptocurrency economy.  This comes after it was officially confirmed that the flagship coin would be “at the heart” of a strategic cryptocurrency reserve alongside Ethereum (ETH).  As reported by U.Today, it has also been announced…

Warren Buffett Detailed A ‘Disgusting’ Investing Mistake He Was Making For Years: ‘Soggy, One-Puff’ Stocks Don’t Make You Rich Warren Buffett has made plenty of winning moves, but he’s just as quick to call out his missteps. One of his biggest? Wasting years chasing dirt-cheap stocks that weren’t actually worth owning. For a long time,…

With on-chain data indicating that 41 trillion SHIB tokens are now back in the green, Shiba Inu has witnessed a significant increase in profitability among its holders. In spite of this, the asset is trailing other recovering cryptocurrencies and finding it difficult to gain traction in the larger market. Despite gains, the price action of…

CD rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Generally, this is because banks…